Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The online sale site of the French public railway company SNCF, VSC Technologies, has announced the recruitment of 150 employees in 2017, following the 150 hirings which took place in 2016. The company reached a global turnover of €4.1 billion in 2016. The management wants to sell more train ticket on regional lines, aiming to gain €40 million per year from 2019 onwards. Moreover, In order to "build up its technical base", the company has set up a team of eight people devoted full time to artificial intelligence.
The company employs 1,200 people.
Eurofound (2017), VSC Technologies, Business expansion in France, factsheet number 90939, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90939.